Is The Fed Out Of Touch?

On today’s show we are talking about why the Fed is so disconnected from the other central banks around the world.

Only a few short months ago, you would regularly hear that the historically low interest rates of the 2010’s were a thing of the past and we can’t expect to see them again in our lifetime.

Well, we are not far from those rates again, except in the good old US of A.

The Federal Open Market Committee is meeting this week and we can expect the rate announcement this afternoon. The central bank is widely expected to hold rates constant at this week’s meeting with the market having priced in a 96% chance of no rate change at all.

Many of the other central banks around the world are trending to historically low rates again. Is the Fed out of touch?

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